NCLT Dismisses Petition in Axis Bank Limited vs. Zee Learn Limited Matter
Zee Learn Limited confirmed the dismissal of a petition before the National Company Law Tribunal (NCLT), Mumbai, in the matter of Axis Bank Limited versus Zee Learn Limited.The company reported receiving an email dated April 9, 2026, from the Hon'ble National Company Law Tribunal (NCLT), Mumbai. Following this, the order was uploaded to the official website of the Hon'ble NCLT, Mumbai, and is available for public access.
The order sheet details the proceeding concerning C.P.(IB)1126(MB)/2023 and I.A. 2029/2024 [Sec. 60(5)]. The Counsel for the Petitioner submitted that they had instructions to withdraw the present Petition. Consequently, CP 1126/2023 was dismissed as withdrawn. Furthermore, all pending IAs, including IA 2029/2024, were disposed of.
The hearing took place on March 19, 2026.
The legal representation noted during the proceedings were:
- For Petitioner/Applicant: Adv. Jojongandha Ray a/w Adv. Tine Abraham (VC)
- For Respondent: Adv. Abha Patel i/b Fortis India Law
ZEELEARN Stock Price Movement
Today, Zee Learn Limited shares edged higher to close at ₹4.93, reflecting a 2.28% gain for the session. The stock saw considerable interest, trading a total of 1.60 million shares throughout the day.Source:
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